Image of CHAN
CHANmemechan
$0.0001033
0.00%
1D

memechan Analysis

Investment Score
A quick view into memechan's investment prospects.
7.1

The asset looks technically constructive, but the current entry quality is not perfect.

What is helping
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
Main risks
  • Momentum is extended, which raises the risk of chasing.
  • Price is too close to resistance relative to nearby support.
Market State Summary
Current regime
Bull Quiet
Confidence: 95%
Why this state?
  • CHAN is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
CHAN is trading above key moving averages and the medium-term trend is still rising.
Momentum
Overbought
RSI is 75.32, which points to stretched upside momentum.
Volatility
Quiet
CHAN ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0001038 - $0.0001065
Active zone
$0.0001012 - $0.0001036
Support zone
$0.00009746 - $0.00009894
Chart Patterns
SMA50
SMA100
SMA200
RSI
Overbought
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

memechan support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.00009746 - $0.00009894
Resistance zone
$0.0001038 - $0.0001065
Active zone
$0.0001012 - $0.0001036
Levels Table
LevelZoneStrength
Support 1$0.00009746 - $0.00009894
Support 2$0.00009565 - $0.00009713
Support 3$0.00009292 - $0.00009440
Support 4$0.00008656 - $0.00008805
Resistance 1$0.0001038 - $0.0001065
Resistance 2$0.0001464 - $0.0001487
Active 1$0.0001012 - $0.0001036
Scenario Analysis
Bullish scenario

CHAN clears the resistance zone at $0.0001038 - $0.0001065 and holds above it. That would strengthen the breakout case and shift attention to $0.0001464 - $0.0001487.

Bearish scenario

CHAN loses the support zone at $0.00009746 - $0.00009894. That would weaken the setup and open the way toward $0.00009565 - $0.00009713.

Neutral scenario

CHAN continues trading between $0.00009894 and $0.0001038. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.00008795
Bullish
CHAN is trading above the 50-day average.
SMA200
$0.00008572
Bullish
CHAN remains above the long-term trend line.
EMA50
$0.00009229
Bullish
CHAN is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.0001038
Bearish
CHAN is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
75.32
Overbought
RSI (14) is elevated at 75.32, which suggests upside momentum may be getting stretched.
Stoch RSI (14)
6.60
Oversold
Stoch RSI (14) is low at 6.60, which shows momentum is pressing near its recent lower extreme.
MACD
0.0₅4212
Bearish
MACD is below its signal line.
ATR
1.44%
Quiet
Volatility is below its 180-day median.
VWMA
$0.0001030
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
69.22
Neutral
CCI (20) is at 69.22, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0₅9551
Bullish
Awesome Oscillator is above zero at $0.0₅9551, which supports bullish momentum.
Williams Percent Range (14)
-32.43
Neutral
Williams Percent Range (14) is at -32.43, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0₅1062
Bullish
Bull Bear Power (13) is positive at $0.0₅1062, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
78.07
Overbought
Ultimate Oscillator is elevated at 78.07, which suggests multi-timeframe momentum may be overheated.
Hull Moving Average (9)
$0.0001034
Bearish
CHAN is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.00009049
Bullish
CHAN is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to memechan

Over the past 7 days, memechan price was most positively correlated with the price of Trust Wallet Token (TWT), Midnight (NIGHT), Plasma (XPL), Avalanche (AVAX) and Mantle (MNT) and most negatively correlated with the price of Sun Token (SUN), BitTorrent (BTT), World Liberty Financial (WLFI), Pendle (PENDLE) and Ethereum (ETH).

Positively Correlated Currencies
NameCorrelation
Image of Trust Wallet TokenTrust Wallet Token0.415
Image of MidnightMidnight0.355
Image of PlasmaPlasma0.352
Image of AvalancheAvalanche0.350
Image of MantleMantle0.347
Negatively Correlated Currencies
NameCorrelation
Image of Sun TokenSun Token-0.410
Image of BitTorrentBitTorrent-0.393
Image of World Liberty FinancialWorld Liberty Financial-0.369
Image of PendlePendle-0.302
Image of EthereumEthereum-0.295

memechan price is positively correlated with the top 10 coins by market cap with a price of 0.255, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.123. Currencies that are positively correlated with memechan indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with memechan, a move in one direction for memechan would translate into a move in the opposite direction for the negatively correlated coin.

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